+91-9743444449

Private Sector Bank

IDBI Bank Home Loan

India's Most Trusted Partner via Cred Source

4.8 / 5.0
7.35% p.a.
INTEREST RATE
₹10.0 Cr
MAX LOAN
85%
MAX LTV
3-5 Working Days
PROCESSING

About IDBI Bank

IDBI Bank (Industrial Development Bank of India) was established in 1964 as a premier development financial institution and later transformed into a full-service commercial bank. IDBI Bank serves retail and corporate clients across India.

IDBI Bank Home Loan scheme is designed to offer accessible, affordable, and flexible housing credit for home purchase, plot construction, home improvement, and balance transfer.

IDBI Bank offers competitive floating interest rates starting at 7.35% p.a., no prepayment charges for floating rate loans, repayment tenures up to 30 years, and dedicated relationship managers.

Key Highlights

Why choose IDBI Bank through Cred Source:

Lowest Interest Rate from 7.35% p.a.
Zero Prepayment Penalty on Floating Rates
Dedicated Relationship Manager
Up to 85% Loan to Value (LTV)
Flexible Repayment Tenure up to 30 Years

Loan Eligibility Criteria

Who can apply for IDBI Bank home loan:

Eligible Applicants

Salaried Employees, Self-Employed Professionals, Business Owners & NRIs.

Age Bracket

Minimum 18 years to maximum 75 years at maturity.

Minimum Income

₹20,000/month for salaried; ₹3.0 Lakh/year net profit for self-employed.

Credit Score (CIBIL)

750+ score recommended for lowest interest rate tier.

EMI Calculator & Sample Breakdown

Estimated EMI for IDBI Bank Home Loan at 7.35% p.a. interest rate:

LOAN AMOUNT TENURE (YEARS) INTEREST RATE ESTIMATED MONTHLY EMI
₹30 Lakh 20 Years 7.35% p.a. ₹25,845 / month
₹50 Lakh 20 Years 7.35% p.a. ₹43,075 / month
₹1.0 Crore 20 Years 7.35% p.a. ₹86,150 / month

Frequently Asked Questions

About IDBI Bank home loans via Cred Source:

IDBI Bank requires a minimum monthly salary of ₹20,000 for salaried applicants and ₹2.5 Lakh annual income for self-employed professionals.

IDBI Bank offers home loans up to ₹10 Crore depending on applicant profile, income stability, and property evaluation.

IDBI Bank home loan interest rates start from 7.35% p.a. linked to RLLR for prime borrowers.

IDBI Bank processes and sanctions home loans within 3 to 5 working days upon receipt of complete verification documents.

Yes, Cred Source provides free home loan assistance and door-step processing for IDBI Bank.